USA. Mortgage rates have indeed increase above 7%, marking the first time since December. This increase could have significant implications for the housing market as we approach the spring season

The contract rate on a 30-year fixed mortgage rose by 19 basis points in the week ending February 16, reaching 7.06%2. This development may impact home affordability, potentially affecting prospective buyers and sellers alike as it stands, the US housing market is already facing significant challenges

USA. Mortgage rates have indeed increase above 7%, marking the first time since December. This increase could have significant implications for the housing market as we approach the spring season The contract rate on a 30-year fixed mortgage rose by 19 basis points in the week ending February 16, reaching 7.06%2. This development may impact home affordability, potentially affecting prospective buyers and sellers alike as it stands, the US housing market is already facing significant challenges
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